Turkish economy will post positive annual growth in 2019 - Albayrak

Turkish economy will post positive annual growth in 2019 - Albayrak
Image Credit: Pixabay
  • Country:
  • Turkey

Turkish Finance Minister Berat Albayrak said on Thursday that he believes Turkey's economy will post positive annual growth in 2019, adding that data may show a record-high rolling current account balance in July.

Turkey's economy contracted a less-than-expected 1.5% in the second quarter of the year. A Reuters poll last month pointed to zero growth in 2019.

Turkey's 12-month cumulative current account recorded a surplus in June for the first time in nearly 17 years. A Reuters poll on Wednesday pointed to the current account recording a surplus $1.24 billion in July.

Give Feedback

Use this form for editorial or site feedback. We usually reply within 2 to 3 working days.

By submitting, you agree that we may use your email address to respond.